Kenya: Cloud9 Buys Kenya’s Chpter, Adds 4,500 Merchants in Banking Push

Cloud9 acquired Kenyan social-commerce startup Chpter in an all-stock deal, adding about 4,500 businesses to its banking platform and completing its second acquisition in 3 months.

The Nairobi-based company did not disclose the value of the transaction. It bought ticketing platform M-Tickets in May for about KES100 million, or $773,000.

The deal brings Chpter back under founders Tesh Mbaabu and Mesongo Sibuti, who left the company in September 2025 and launched Cloud9 weeks later. Chpter’s…